How to Develop Your Nonprofit Operating Reserves
There is no single correct solution – one size simply does not fit all when it comes to setting the amount for operating reserves.
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There is no single correct solution – one size simply does not fit all when it comes to setting the amount for operating reserves.
Establishing and documenting a formal reserves policy is a best practice that should be adopted by all nonprofits.
Internal controls have moved out of the dusty halls of accounting and become everyone’s responsibility.
Occupational fraud is a chilling reality for businesses and organizations of all sizes and occurs across industries—even within the nonprofit …
Procedures and processes that serve multiple purposes (e.g. compliance and information) have a much better chance of success than doing something just because it must be done.
